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3 Ways to Conquer Pension Envy
Tweet Share on Facebook February 7, 2011 Comment (3)The haves and have-nots in retirement could be defined by who has access to a traditional pension. Those with an employer-sponsored traditional pension will get guaranteed payments for life, while everyone else must depend on their own saving and investing savvy.
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7 Ways to Keep Retirement Exciting
Tweet Share on Facebook February 4, 2011 CommentAffluent baby boomers think their retirement will differ from that of their parents, mainly because they intend to be more active (86 percent). When asked to name a single word to describe their retirement, most boomers between ages 46 and 64 choose freedom (35 percent) or opportunity (31 percent), according to a Bank of America Merrill Lynch survey of 1,000 people with $250,000 or more invested for retirement. Just 21 percent of those surveyed say relaxation is their primary retirement goal. Here are seven ways baby boomers are planning to stay active in retirement.
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5 Reasons Women are Unprepared for Retirement
Tweet Share on Facebook February 3, 2011 Comment (2)Women typically have a longer life expectancy than men, which is more years of retirement that will need to be financed. But women are actually saving less for retirement than men. Here are five ways women are unprepared for retirement.
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Money Challenges Workers Face After 50
Tweet Share on Facebook February 1, 2011 CommentBy the time you reach age 50, you have already faced many money challenges including paying off your student loans, buying a home, merging finances with a spouse, and caring for children. But many 50-somethings think the biggest financial challenge of their life is still ahead of them: retirement.
